GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against BloFin+0.124%71s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.384% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 2 days (all we have)−0.132%−$13 · spread now +0.124%, 7d avg +0.003%

Together, before fees−0.135%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.121% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GLW-USDT	161.20	0.0449	pay 0.0449% / 8h	36m 02s	$150K	$34K	20x
Short	Binance GLWUSDT	161.40	0.0466	get 0.0466% / 8h	36m 02s	$11.0M	$20.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.124%Rate

Funding earned: $3.49
Price spread: +0.124% → +0.003%: $12.09
Slippage, 4 orders: −$16.38
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.81
Costs to cover: 0.384%
Break-even: 52.8 days

Slippage from BloFin: live order book, 25 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 25 min ago	2.81 bp	10.0 bp −$10	21.7 bp −$217	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.62 bp	8.2 bp −$8	32.6 bp −$326	111.3 bp −$11.1K	doesn't fit

GLW on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	−0.0127%	1h	161.23	+0.018%	$320K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.43	+0.144%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.38	+0.112%	$921K	$218K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.25	+0.031%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.27	+0.043%	$1K	$2.0M	10x	as long as short
HTX GLW-USDT	+0.0020%	8h	161.04	−0.099%	$17K	$16K	20x	as long as short
Bitget GLWUSDT	+0.0044%	8h	161.38	+0.112%	$2.2M	$904K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.34	+0.087%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	160.89	−0.192%	$302K	$88K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	161.36	+0.099%	$1.1M	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	161.16	−0.025%	$323K	$989K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.37	+0.105%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0243%	8h	161.41	+0.130%	$2.3M	$4.5M	20x	as long as short
BloFin GLW-USDTlong	+0.0449%	8h	161.20	long leg	$150K	$34K	20x
Extended GLW-USD	+0.0464%	1h	161.33	+0.082%	$2K	$2K	10x	as long as short
Binance GLWUSDTshort	+0.0466%	8h	161.40	+0.124%	$11.0M	$20.8M	20x
GRVT GLW_USDT_Perp	+0.0512%	8h	160.91	−0.178%	$134	$176K	10x	as long as short